News Archive
Recent fall in Flutter's stock "excessive", says JPMorgan
12th Jun 2024 09:06
(Sharecast News) - JPMorgan has reiterated its 'overweight' rating on gambling group Flutter Entertainment, saying that the recent drop in the shares has been "excessive".
Read moreFrontier Developments delivers 'strong' H2 performance
12th Jun 2024 08:58
(Sharecast News) - Video games publisher Frontier Developments said on Wednesday that it had delivered a "strong" second half performance following its strategy reset to refocus on creative management simulation games.
Read moreBelluscura makes 'significant progress', proposes placing
12th Jun 2024 08:42
(Sharecast News) - Medical device developer Belluscura said on Wednesday that it had made "significant progress" in recent months and proposed a fundraising of up to £2.4m.
Read moreHSS Hire loses key customer Amey, shares slide
12th Jun 2024 08:21
(Sharecast News) - HSS Hire tanked on Wednesday as it announced the loss of a key customer.
Read moreImage Scan wins £350k contract with military customer
12th Jun 2024 08:11
(Sharecast News) - X-ray screening systems supplier Image Scan said on Wednesday that it has secured a contract worth more than £350,000, scheduled for delivery in the second half of FY24.
Read moreRentokil surges as Nelson Peltz's Trian said to have taken 'significant' stake
12th Jun 2024 08:01
(Sharecast News) - Rentokil surged to the top of the FTSE 100 on Wednesday following reports that activist investor Nelson Peltz's Trian Fund Management has taken a "significant" stake in the pest control company.
Read moreUK rail regulator stops short of calling for CMA probe into station catering
12th Jun 2024 08:00
(Sharecast News) - The UK rail regulator has recommended that catering outlets with leases due to expire should be put to competitive tender with simpler and standardised contracts introduced for new entrants, but stopped short of referring the industry to competition authorities.
Read moreEurope open: Shares up with eyes on US Fed, inflation
12th Jun 2024 07:57
(Sharecast News) - European shares started Wednesday on the front foot as investors digested stagnant GDP figures from the UK and awaited an interest rate decision from the US Federal Reserve after inflation data for May.
Read moreChina inflation nudges higher, narrowly misses forecasts
12th Jun 2024 07:57
(Sharecast News) - Inflation in China nudged marginally higher in May, official data showed on Wednesday, while producer prices eased.
Read moreLondon open: Stocks jump as uninspiring GDP raises rate cut hopes
12th Jun 2024 07:56
(Sharecast News) - London stocks rose in early trade on Wednesday as uninspiring UK GDP data raised hopes of a rate cut this summer.
Read moreScancell shares jump on new antibody agreement with major biotech firm
12th Jun 2024 07:53
(Sharecast News) - Scancell Holdings saw shares surge on Wednesday after the the AIM-listed oncology immunotherapies group announced an agreement with a "major international biotechnology company".
Read moreUK economy stagnates in April
12th Jun 2024 07:39
(Sharecast News) - The UK economy stagnated in April, according to figures released by the Office for National Statistics on Wednesday, having just come out of a recession a month earlier.
Read moreLondon pre-open: Stocks seen up; UK economy stagnates in April
12th Jun 2024 07:33
(Sharecast News) - London stocks were set to rise at the open on Wednesday following heavy losses in the previous session, as investors mulled the latest UK GDP data.
Read moreSafestore sees FY earnings in lower half of consensus amid tough markets
12th Jun 2024 07:25
(Sharecast News) - Safestore shares fell sharply on Wednesday as the self-storage specialist said it expected annual earnings to be in the lower half of consensus forecasts as it posted a fall in interim core earnings amid tough trading conditions in most of its markets.
Read moreMolten Ventures asset value rises in 'productive' year
12th Jun 2024 07:22
(Sharecast News) - Molten Ventures reported a gross portfolio value of £1.379bn in its final results on Wednesday, a slight increase from £1.371bn year-on-year, as net assets grew to £1.251bn from £1.194bn.
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